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CODEX DNA INC (DNAY) Stock Technical Analysis

NASDAQ:DNAY - US1920031010 - Common Stock

1.3 USD
+0.1 (+8.33%)
Last: 1/3/2023, 8:00:01 PM
Technical Rating and Analysis

0

Taking everything into account, DNAY scores 0 out of 10 in our technical rating. DNAY's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, DNAY is a bad performer in the overall market: 95% of all stocks are doing better.
DNAY is part of the Life Sciences Tools & Services industry. There are 54 other stocks in this industry, of which 86% are performing better than DNAY.
DNAY is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month DNAY has a been trading in the 1.08 - 1.43 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
CODEX DNA INC / DNAY Weekly stock chart
CODEX DNA INC / DNAY Daily stock chart
Setup Rating and Analysis

7

DNAY has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 1.13, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

1.11

1.52

We found 1 important support area.

  • A support zone ranging from 1.12 to 1.13. This zone is formed by a combination of multiple trend lines in the daily time frame.

We found 1 important resistance area.

  • Resistance @1.50 from a trend line in the daily time frame.
Technical Indicator Signal Analysis

The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorDOWNNEGATIVEThe long term trend for DNAY is down.
ChartMill Short Term Trend IndicatorNEUTRALNEUTRALThe short term trend for DNAY is neutral.
ChartMill Relative Strength5.82NEGATIVEDNAY has a low relative strength, it was outperformed by 94.18% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNMIXEDThe current price of DNAY is above a declining SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of DNAY is below a declining SMA(50).
Simple Moving Average/SMA (200)DOWNNEGATIVEThe current price of DNAY is below a declining SMA(200).
Relative Strength Index/RSI (14)51.01NEUTRALThe RSI value for DNAY is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.02POSITIVEThe MACD value suggests DNAY has a positive trend.
Stochastics (14,3)68.54NEUTRALThe Stochastics value for DNAY is a neutral value.
Average True Range in percent/ATR (20)8.72HIGH VOLATILITYThe high ATR as a percentage value for DNAY suggests high volalility.
Average Directional Index/ADX (14)25.86POSITIVEThe high ADX value value for DNAY suggests a strong trend.
Chart- and CandleStick Pattern Analysis
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
CODEX DNA INC / DNAY Daily stock chart

CODEX DNA INC

NASDAQ:DNAY (1/3/2023, 8:00:01 PM)

1.3

+0.1 (+8.33%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryLife Sciences Tools & Services
Performance
% Chg8.33%
1 Week4.84%
2 Weeks7.44%
1 Month-5.8%
3 Month-16.13%
6 Month-37.2%
12 Month-86.13%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.11
ATR(20)%8.72%
ATR Inc18.71%
Range Today0.11
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS5.82
Mansfield-6.1
10 Day High1.31
10 Day Low1.1
20 Day High1.43
20 Day Low1.08
52 Week High11.02
52 Week Low1.08
CS1 End1.13
CR1 Start1.5
Volume & EV
DER(3)-15.07%
DER(5)-16.48%
Volume19.90K
Volume Incr-37.82%
Vol(5)41.68K
Vol(50)81.15K